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Prime Dividend (TSX:PDV.PR.A.PFD) Scaled Net Operating Assets : 0.48 (As of Nov. 2024)


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What is Prime Dividend Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Prime Dividend's operating assets for the quarter that ended in Nov. 2024 was C$11.00 Mil. Prime Dividend's operating liabilities for the quarter that ended in Nov. 2024 was C$6.08 Mil. Prime Dividend's Total Assets for the quarter that ended in May. 2024 was C$10.15 Mil. Therefore, Prime Dividend's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was 0.48.

Prime Dividend Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Prime Dividend's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2024 )
=(Operating Assets (A: Nov. 2024 )-Operating Liabilities (A: Nov. 2024 ))/Total Assets (A: Nov. 2023 )
=(10.997-6.082)/12.64
=0.39

where

Operating Assets(A: Nov. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=11.936 - 0.939
=10.997

Operating Liabilities(A: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.082 - 0 - 0
=6.082

Prime Dividend's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2024 )
=(Operating Assets (Q: Nov. 2024 )-Operating Liabilities (Q: Nov. 2024 ))/Total Assets (Q: May. 2024 )
=(10.997-6.082)/10.148
=0.48

where

Operating Assets(Q: Nov. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=11.936 - 0.939
=10.997

Operating Liabilities(Q: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.082 - 0 - 0
=6.082

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Prime Dividend Scaled Net Operating Assets Related Terms

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Prime Dividend Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prime Dividend Corp (TSX:PDV.PR.A.PFD) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
PDV:Canada
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Website
https://www.quadravest.com
Prime Dividend Corp is a company that invests in an actively managed portfolio of common shares comprised of large-capitalization dividend-yielding Canadian companies. The funds objective is to provide unitholders with monthly cash distributions.